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Strategies & Market Trends : MDA - Market Direction Analysis

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To: Vitas who wrote (25988)	9/15/1999 8:37:00 PM
From: Haim R. Branisteanu	Read Replies (1) of 99985

Goldman Sachs lifts Q3, Q4 U.S. GDP forecasts NEW YORK, Sept 15 (Reuters) - Continued strength in consumer spending and robust business fixed investment has prompted Goldman Sachs & Co. to raise its forecasts for U.S. gross domestic product (GDP) growth for both the third and fourth quarters. Goldman's third-quarter GDP estimate was lifted to a 4.0 percent growth rate from 3.7 percent and fourth-quarter GDP to a 4.4 percent pace from 4.2 percent. The changes were highlighted in Thursday's daily financial market commentary, which was released late on Wednesday. biz.yahoo.com

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